Hi Wong seafood!

First of all, i really like this thread on sharing personal financial management ideas, opinions and useful advise that you had given.

I'm 24, just finished my Electrical & electronic Engineering degree and I've been working for 3 months.

Here goes for my financial details:

Basic salary = SGD 3k nett
Part time income = RM1300 - RM 2000 (avg RM 1600/month) nett
Cash in hand(FD) = RM13000

Tution fee loan = SGD 655/month (till July 2014, 2 years of payback)
Parent = SGD 600/month
food, travel = SGD SGD180/month
Misc = SGD 50/month
Phone = SGD 50/month
Phone_2 = RM 30/month
Endowment insurance = RM 880/month (till May 2015, total 5 years of premium payment)
Misc_2 = RM 150/month

total expenses in SGD = SGD 1535
total expenses in MYR = RM 1060

Staying with my parent now

Aims:

1.Plan to have a car (loan for RM45000)
2.and a house (loan for RM 200,000 the house selling at RM 250,000(parent settle the downpayment)) for investment purpose.
3.Target to save up RM100,00 cash capital in 3 years time.

I would like to seek your advise on how can i acheived my aims with minimal risk.

Thank you in advance!